Civic Intelligence

Adara Development (USA)

990 • Fiscal year 2022 • EIN 98-0634789

Jan 01, 2022 to Dec 31, 2022 • Filed on May 01, 2023

300 Admiral Way Suite 106Edmonds, WA 98020

(425) 967-5115

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.35x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.10x

Higher debt load relative to revenue than 68% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

44th percentile

3.1%

Higher net margin than 44% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

90th percentile

$114,368

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

56th percentile

4.6%

Faster asset growth than 56% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

34th percentile

-4.0%

Faster revenue growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$260,491

Up $11,569 (+4.6%) from 2021

Net Assets

Up

$168,479

Up $29,012 (+21%) from 2021

Liabilities

Down

$92,012

Down $17,443 (-16%) from 2021

Revenue

Down

$946,540

Down $39,445 (-4.0%) from 2021

Expenses

Down

$917,528

Down $44,422 (-4.6%) from 2021

Net Income

Up

$29,012

Up $4,977 (+21%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2012: $166,796Liabilities 2012: $32,535Net Assets 2012: $134,2612012Assets 2013: $244,048Liabilities 2013: $131,905Net Assets 2013: $112,1432013Assets 2014: $247,183Liabilities 2014: $49,446Net Assets 2014: $197,7372014Assets 2015: $250,312Liabilities 2015: $38,323Net Assets 2015: $211,9892015Assets 2016: $163,730Liabilities 2016: $21,215Net Assets 2016: $142,5152016Assets 2017: $189,805Liabilities 2017: $26,012Net Assets 2017: $163,7932017Assets 2018: $99,892Liabilities 2018: $24,845Net Assets 2018: $75,0472018Assets 2019: $153,466Liabilities 2019: $72,505Net Assets 2019: $80,9612019Assets 2020: $238,141Liabilities 2020: $122,709Net Assets 2020: $115,4322020Assets 2021: $248,922Liabilities 2021: $109,455Net Assets 2021: $139,4672021Assets 2022: $260,491Liabilities 2022: $92,012Net Assets 2022: $168,4792022Assets 2023: $409,029Liabilities 2023: $70,309Net Assets 2023: $338,7202023Assets 2024: $1,223,643Liabilities 2024: $142,070Net Assets 2024: $1,081,5732024

Highlighted filing

2022

Assets$260,491
Liabilities$92,012
Net Assets$168,479

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $510,7722012Revenue 2013: $666,347Expenses 2013: $688,465Net Income 2013: -$22,1182013Revenue 2014: $896,189Expenses 2014: $810,595Net Income 2014: $85,5942014Revenue 2015: $890,186Expenses 2015: $875,934Net Income 2015: $14,2522015Revenue 2016: $584,953Expenses 2016: $654,427Net Income 2016: -$69,4742016Revenue 2017: $606,886Expenses 2017: $585,608Net Income 2017: $21,2782017Revenue 2018: $488,793Expenses 2018: $577,539Net Income 2018: -$88,7462018Revenue 2019: $620,130Expenses 2019: $614,216Net Income 2019: $5,9142019Revenue 2020: $745,177Expenses 2020: $710,706Net Income 2020: $34,4712020Revenue 2021: $985,985Expenses 2021: $961,950Net Income 2021: $24,0352021Revenue 2022: $946,540Expenses 2022: $917,528Net Income 2022: $29,0122022Revenue 2023: $808,384Expenses 2023: $808,323Net Income 2023: $612023Revenue 2024: $2,071,866Expenses 2024: $1,329,013Net Income 2024: $742,8532024

Highlighted filing

2022

Revenue$946,540
Expenses$917,528
Net Income$29,012
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2023
Return Version
2022v5.0
Gross Receipts
$946,540
Mission and Program Overview

Mission

Adara's focus is on improving health and education for women, children and communities living in poverty. We are experts in maternal, infant and child health; remote and rural community development; and the care, support and reintegration of children at risk. We also aim to change the way people think about the role of business in the world and the power of business/non-profit partnerships as well as share our expertise and experience to achieve greater impact.

Adara's purpose is to:bridge the world of business and the world of people in extreme poverty, and to support vulnerable communities with health, education and other essential services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$153,155$170,885▲ $17,730
Rtn Earn Endowment Incm Other Fnds$139,467$168,479▲ $29,012
Land, Buildings, and Equipment, Net$79,770$76,873▼ $2,897
Cash and Non-Interest-Bearing Accounts$5,883$10,228▲ $4,345
Prepaid Expenses and Deferred Charges$8,951$1,673▼ $7,278
Accounts Receivable$1,163$832▼ $331
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0--
Total Assets$248,922$260,491▲ $11,569
Liabilities
Other Liabilities$99,909$82,341▼ $17,568
Accounts Payable and Accrued Expenses$9,546$9,671▲ $125
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$109,455$92,012▼ $17,443
Net Assets / Fund Balance
Total Net Assets Fund Balance$139,467$168,479▲ $29,012
Total Liabilities and Net Assets / Fund Balance$248,922$260,491▲ $11,569

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$62,615$86,166$148,781
Equipment$4,945$15,713$20,658
Leasehold Improvements$9,313$172$9,485
Buildings$0$0$0
Land$0-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brooke MagnussonGlobal Health DirectorFT$114,368$114,368
Andrea CunninghamClinical Content ManagerFT$100,857$100,857

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$546,540
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$400,000
All Other Contributions
$546,540
Change in Net Assets
$29,012

Audited Revenue Reconciliation

Revenue per Audited Statements
$946,540
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$946,540
Total Revenue per Form 990
$946,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$573,066
Grants and Similar Amounts Paid$250,143
Other Expenses$94,319
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$446,011$57,224$0$503,235
Foreign Grants$250,143--$250,143
Payroll Taxes$34,215$5,044$0$39,259
Other Employee Benefits$16,294$14,278$0$30,572
Occupancy$0$28,967$0$28,967
Office Expenses$1,713$12,047$0$13,760
Travel$10,732$861$0$11,593
Fees for Services Accounting$0$9,625-$9,625
Insurance$7,658$1,756$0$9,414
Fees for Services Other$0$7,399$0$7,399
Information Technology$450$3,106$0$3,556
Depreciation Depletion$0$3,545$0$3,545
Other Expenses$1,633$0$0$1,633
Fees for Services Legal$0$10$0$10
Total Functional Expenses$768,920$148,608$0$917,528

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$917,528
Total Expenses per Audited Statements$917,528
Total Expenses per Form 990$917,528
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$250,143

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaGrantmakingAdara Development Nepal - Humla00$76,015
Sub-Saharan AfricaGrantmakingKiwoko Hospital00$67,873
South AsiaGrantmakingProgramme support00$39,079
Sub-Saharan AfricaGrantmakingProgramme Support Uganda00$32,680
South AsiaGrantmakingHimalayan Innovative Society00$14,868
South AsiaGrantmakingHimalayan Children's Society00$11,984
South AsiaGrantmakingAdara Development Nepal - Tibetan Medical Practitioner00$2,842
South AsiaGrantmakingHands in Outreach00$2,374
South AsiaGrantmakingInnovation, Learning & Evaluation00$2,047
South AsiaGrantmakingAdara Development Nepal - Adara Kids00$381
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$59,949
Provision for Annual Leave Liability$22,392
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 9

Audette Exel - President PO Box H274, Australia Square, NSW, Australia 1215 Thomas Dickson - Director, 11534 Hillpark Lane Los Altos CA 94024 USA Thomas Glynn- Director, 391 Belden Hill Road, Wilton, CT 06897 USA Yangchen Lama - Director, 9665 Wilshire Blvd, Suite 600, Beverly Hills, CA 90212 USA Dr Cyril Engmann - Director, PO Box 900922, Seattle, WA 98109 USA Madeline Vaughan - CEO, PO Box H274, Australia Square, NSW, Australia 1215 Sarah Lecoutre - CFO, PO Box H274, Australia Square, NSW, Australia 1215

Form 990, Part VI, Section B, Line 11B

Form 990 has been reviewed by a Chartered Accountant of Australia and New Zealand who is also a Fellow Member of the Association of Chartered Certified Accountants.

Form 990, Part VI, Section B, Line 12C

Adara Development (USA) has a conflict of interest policy which is intended to protect the entity's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an Officer or Director of the entity or might result in a possible excess benefit transaction for tax purposes. Compliance with the policy is monitored by a standing committee of independent directors and trustees of Adara Development Boards on an ongoing basis. Directors of Adara Development (USA) are required to make conflict of interest declarations on an annual basis and are required to sign an annual certification that they have received a copy of the conflict of interest policy which they have read and understood, that they agree to comply with the policy, and that they understand that the entity is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes.

Form 990, Part VI, Section C, Line 19

The financial statements of Adara Development (the global entity), which include Adara Development (USA) are available to the public via the website www.adaragroup.org. Also available on the website are relevant policies and procedures and governing documents.

Filing and Contact Details

Filer

Filer Name
Adara Development USA
EIN
98-0634789
Phone
4259675115
Address
300 Admiral Way Suite 106, Edmonds, WA 98020

Signing Officer

Name
Sarah Lecoutre
Title
Chief Financial Officer
Phone
4259675115
Signed
2023-05-01

Organization Details

Principal Officer
Audette Exel
Formed
2009
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
10
Volunteers
1
Raw XML AppendixShowing 400 of 778 raw XML fields

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IRS990/Form990PartVIISectionAGrp/TitleTxt1Clinical Content Manager
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
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IRS990/FormationYr02009
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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0946540
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IRS990/GrossRentsGrp/RealAmt00
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IRS990/InformationTechnologyGrp/TotalAmt03556
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01756
IRS990/InsuranceGrp/ProgramServicesAmt07658
IRS990/InsuranceGrp/TotalAmt09414
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt076873
IRS990/LandBldgEquipCostOrOtherBssAmt0178924
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IRS990/MissionDesc0Adara's focus is on improving health and education for women, children and communities living in poverty. We are experts in maternal, newborn and child health; remote and rural community development; and the care, support and reintegration of children at risk. We also aim to change the way people think about the role of business in the world and the power of business/non-profit partnerships as well as share our expertise and experience to achieve greater impact.
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012047
IRS990/OfficeExpensesGrp/ProgramServicesAmt01713
IRS990/OfficeExpensesGrp/TotalAmt013760
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014278
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016294
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030572
IRS990/OtherExpensesGrp/Desc0Other expenses - Holiday cards and Reference materials
IRS990/OtherExpensesGrp/Desc1Registration
IRS990/OtherExpensesGrp/Desc2Recruitment
IRS990/OtherExpensesGrp/Desc3Medical Equipment and supplies
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IRS990/OtherExpensesGrp/FundraisingAmt10
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0503235
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IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05044
IRS990/PayrollTaxesGrp/ProgramServicesAmt034215
IRS990/PayrollTaxesGrp/TotalAmt039259
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01673
IRS990/PrincipalOfficerNm0Audette Exel
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IRS990/ProgSrvcAccomActy2Grp/Desc0Remote Community Development (Humla) -Adara's Remote Community Development work makes a significant contribution to ending the preventable deaths of women, children and disadvantaged people in isolated communities through quality healthcare and improved access to quality education for disadvantaged children and youth.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt076015
IRS990/ProgSrvcAccomActy2Grp/GrantAmt076015
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Maternal Newborn Child Health - Kiwoko Hospital. At the heart of AdaraNewborn is a holistic model of care to women, newborns and children that we pioneered with our partner, Kiwoko Hospital. We are committed to maintaining the hospital as a Centre of Excellence in the country by supporting the maternity unit, neonatal intensive care unit and community-based healthcare programmes.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt067873
IRS990/ProgSrvcAccomActy3Grp/GrantAmt067873
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Innovation,Learning & Evaluation - We conduct ongoing monitoring and evaluation with community participation so we can ensure the work that we do is evidenced-based, effective and in the best interests of the communities we support
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Remote Community Development - Programme Support. Adara Development (Nepal) - project office: Project planning, implementation, capacity building, monitoring and evaluation of all Nepal partner organisations and projects. Assisting partner organisations with registration and compliance requirements and ensuring that all partners are exercising good governance.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2The Himalayan Innovative Society works to reduce the incidence of child trafficking from the district through anti-trafficking radio programmes. Adara support THIS to reduce trafficking in Humla district through anti-trafficking projects including watchdog committees, conferences and radio programmes.
IRS990/ProgSrvcAccomActyOtherGrp/Desc3Himalayan Children's Society runs the Yalbang School. It's a model government facility in Humla with two on-site hostels. Adara supports the running costs of one of the hostels, provides scholarships to students in the form of uniforms and textbooks, and funds the salaries of six teachers.
IRS990/ProgSrvcAccomActyOtherGrp/Desc4Adara Development Nepal- Tibetan Medical Practitioner - Adara funds and supports a Tibetan medicine practitioner who travels from village to village for eight months of the year, treating people and providing free healthcare to over 1,000 patients
IRS990/ProgSrvcAccomActyOtherGrp/Desc5Hands in Outreach (HIO) helping more than 170 children - mostly girls - living in poverty to go to school. Adara supports the girls' families with health and dental check-ups, periodic food distribution and emergency support. We also support teachers at their early learning centre in Kathmandu.
IRS990/ProgSrvcAccomActyOtherGrp/Desc6Adara Development Nepal- Adara Kids - In 2004 we found 136 children from Humla living in horrendous conditions in Kathmandu after being trafficked during the insurgency in the region. Adara rescued the children and since then has provided health, education and emotional support. We have reconnected all of them with their families and places of origin, and continue to support them through vocational education. All of these children have now graduated from our care, equipped with the higher education or vocational and technical skills they need to make it on their own.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt053717
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt139079
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt214868

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